NotAcc-Alaerts: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NotAcc-Alaerts
Largest movements
- Intangible fixed assets -€195,000
down €195,000 (-17.4%), from €1.1m to €925,315
- Cash +€72,031
up €72,031 (+108%), from €66,563 to €138,594
mainly Depreciation (+€239,398) and Net result for the year (+€170,608)
- Receivables within one year +€61,340
up €61,340 (+17.0%), from €359,946 to €421,287
of which Trade receivables: +€61,192
- Tangible fixed assets -€17,148
down €17,148 (-19.0%), from €90,140 to €72,992
of which Furniture and vehicles: -€9,884
- Debts after one year -€200,000
down €200,000 (-37.5%), from €533,333 to €333,333
- Other debts +€88,005
up €88,005 (+12.6%), from €700,995 to €789,000
- Tax, wage and social debts +€47,735
up €47,735 (+83.8%), from €56,944 to €104,679
of which Taxes: +€40,248
- Trade debts -€18,429
down €18,429 (-14.3%), from €129,034 to €110,605
- Staff costs +€63,598
up €63,598 (+23.0%), from €276,594 to €340,193
- Financial charges -€18,091
down €18,091 (-48.0%), from €37,664 to €19,573
- Depreciation +€8,858
up €8,858 (+3.8%), from €230,540 to €239,398
- Gross operating margin +€8,306
up €8,306 (+1.1%), from €780,817 to €789,123
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,643,234 | €1,565,049 | -€78,185 | -4.8% |
| Fixed assets | 21/28 | €1,210,455 | €998,307 | -€212,148 | -17.5% |
| Intangible fixed assets | 21 | €1,120,315 | €925,315 | -€195,000 | -17.4% |
| Tangible fixed assets | 22/27 | €90,140 | €72,992 | -€17,148 | -19.0% |
| Plant, machinery and equipment | 23 | €21,225 | €13,961 | -€7,264 | -34.2% |
| Furniture and vehicles | 24 | €68,915 | €59,031 | -€9,884 | -14.3% |
| Current assets | 29/58 | €432,778 | €566,742 | +€133,963 | +31.0% |
| Amounts receivable within one year | 40/41 | €359,946 | €421,287 | +€61,340 | +17.0% |
| Trade receivables | 40 | €359,946 | €421,139 | +€61,192 | +17.0% |
| Other amounts receivable | 41 | - | €148 | +€148 | |
| Cash at bank and in hand | 54/58 | €66,563 | €138,594 | +€72,031 | +108% |
| Deferred charges and accrued income | 490/1 | €6,269 | €6,861 | +€592 | +9.4% |
| Total equity and liabilities | 10/49 | €1,643,234 | €1,565,049 | -€78,185 | -4.8% |
| Equity | 10/15 | €22,227 | €27,385 | +€5,158 | +23.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,227 | €22,385 | +€5,158 | +29.9% |
| Amounts payable | 17/49 | €1,621,006 | €1,537,664 | -€83,343 | -5.1% |
| Amounts payable after more than one year | 17 | €533,333 | €333,333 | -€200,000 | -37.5% |
| Financial debts | 170/4 | €533,333 | €333,333 | -€200,000 | -37.5% |
| Amounts payable within one year | 42/48 | €1,086,973 | €1,204,283 | +€117,310 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €129,034 | €110,605 | -€18,429 | -14.3% |
| Suppliers | 440/4 | €129,034 | €110,605 | -€18,429 | -14.3% |
| Taxes, remuneration and social security | 45 | €56,944 | €104,679 | +€47,735 | +83.8% |
| Taxes | 450/3 | €26,542 | €66,790 | +€40,248 | +152% |
| Remuneration and social security | 454/9 | €30,402 | €37,889 | +€7,487 | +24.6% |
| Other amounts payable | 47/48 | €700,995 | €789,000 | +€88,005 | +12.6% |
| Accrued charges and deferred income | 492/3 | €700 | €47 | -€653 | -93.3% |
| Remuneration, social security and pensions | 62 | €276,594 | €340,193 | +€63,598 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,540 | €239,398 | +€8,858 | +3.8% |
| Other operating charges | 640/8 | €3,525 | €4,253 | +€728 | +20.6% |
| Gross operating margin | 9900 | €780,817 | €789,123 | +€8,306 | +1.1% |
| Operating profit (loss) | 9901 | €270,157 | €205,280 | -€64,877 | -24.0% |
| Financial income | 75/76B | €24 | €26 | +€2 | +8.3% |
| Recurring financial income | 75 | €24 | €26 | +€2 | +8.3% |
| Financial charges | 65/66B | €37,664 | €19,573 | -€18,091 | -48.0% |
| Recurring financial charges | 65 | €37,664 | €19,573 | -€18,091 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €232,517 | €185,732 | -€46,785 | -20.1% |
| Income taxes | 67/77 | €10,277 | €15,124 | +€4,847 | +47.2% |
| Profit (loss) for the period | 9904 | €222,240 | €170,608 | -€51,632 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €222,240 | €170,608 | -€51,632 | -23.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.